Toy library startup The EleFant raises $1-M led by Growth Sense Venture Fund
Mumbai-based The EleFant has raised $1-M in a pre-Series funding round led by Growth Sense Venture Fund. The transaction included participation from JIIF, Arian Capital, Asit Oberoi, Vimal Saboo, and other angel investors.Founded by Sourabh Jain and Srishti Jain, the company operates a toy subscription and circular play platform for children.The startup plans to use the capital to strengthen its technology infrastructure and expand its footprint across key markets.
In May 2024, EleFant had attracted about $ 0.75 M from SiriusOne Capital, Z Nation Lab, and others.
Want to receive such news items in your inbox? Click Here to sign up for a trial.